PENGARUH PROFITABILITAS, SOLVABILITAS DAN LIKUIDITAS TERHADAP HARGA SAHAM DENGAN EPS SEBAGAI VARIABEL MODERASI

Abstract

This research aimed to examine the effect of profitability, solvability, and liquidity with earning per share as the moderating variable on the stock price of Food and Beverage companies listed n the Indonesia Stick Exchange (IDX). Futhermore, profitability was measured by Return on Asset, solvability was measured by Debt to Equity Ratio, Liquidity was measured by Current Ratio and the tock price was used as the closing price. The research was quantitive. Moreover, the population was Food and Beverage company listed on IDX. This research did not use a sample but all members of population. i.e twelse Food and Beverage companies which based on the criteria given. Additionally, the data were taken during 5 years (2017-2021). In total, there were 60 data. In addition, the data analysis technique used moderated regression analysis with SPSS program 27. The result showed that profitability, solvability and liquidity had a positive and signifiant effect on the stock price. While, the moderating variable, earning per share was not able moderate the effect of profitability on the stock price. On the other handm earning per share was able to moderate the effect of both solvability and liquidity on the stock price.